Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price fell 5.8% during mid-day trading on Thursday . The stock traded as low as C$0.25 and last traded at C$0.25. 23,000 shares traded hands during trading, an increase of 9% from the average session volume of 21,113 shares. The stock had previously closed at C$0.26.
Golconda Gold Trading Down 5.8 %
The firm has a market capitalization of C$17.46 million, a P/E ratio of -4.90 and a beta of 2.67. The company has a quick ratio of 0.20, a current ratio of 0.18 and a debt-to-equity ratio of 13.51. The firm’s 50-day simple moving average is C$0.22 and its 200-day simple moving average is C$0.18.
Golconda Gold Company Profile
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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